Intraday Update: NSEASI Down 0.94% on Sell-Offs in Bellwether Stocks across Sectors

November 15, 2017/InvestmentOne Research

ASI as at 12.00pm: -0.94% 

Market movers: UNILEVER (-5.00%), NASCON (-5.00%), AGLEVENT (+8.47%), FIRSTALUM (+4.00%) 

Sector Performances: Consumer Goods (-0.61%), Insurance (-0.24%), Banking (+0.80%), Industrial (+0.01%), Oil & Gas 

Market activity: Investors have exchanged c.45m units of shares worth N1.06bn so far today, a moderation in both total volume and value compared to this time yesterday. FBNH is the most actively traded stock with c.12m units of shares accounting for c.27% of total volume.  

Likely close: Following sell-off in bellwether stocks across most sectors, we may see the market close today’s trading session in the red.

 

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